807 Waterloo Street, Los Angeles, CA 90026

Los Angeles
Local realty services provided by:ERA Excel Realty
807 Waterloo Street,Los Angeles, CA 90026
$3,295,000
  • 0.29 Acres
  • Lots / Land
  • Active
Listed by: benjamin j. hsiang, don favia
Office: realty investment advisors, inc.
MLS#:26667183
Source:CRMLS

Price summary

  • Price:$3,295,000

About this home

801-807 Waterloo Street is a fully entitled affordable housing development site in the heart of Echo Park. Two adjacent parcels totaling 12,613 square feet. Approved entitlements for 131 income-restricted units and letter of Compliance already in hand.The plan calls for a seven-story mid-rise using Type III over Type I construction. At roughly 65,000 buildable square feet, the unit mix breaks down to 84 singles and 47 one-bedrooms. A rooftop deck, multiple open recreation areas, and space for supportive services are built into the design. The 50% design development plan package is included, and the Welfare Tax Exemption is already BOE-approved. Both are significant time and cost advantages for a buyer ready to move. On pricing, $25,153 per buildable unit is the number that stops people. A mission-driven developer or nonprofit can acquire a fully entitled 131-unit affordable project in one of the most transit-connected neighborhoods in LA for a fraction of what it costs to assemble...

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Home facts

  • Listing ID #:26667183
  • Added:1 day(s) ago
  • Updated:March 20, 2026 at 01:36 PM

Structure and exterior

  • Lot area:0.29 Acres

Finances and disclosures

  • Price:$3,295,000
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